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LATEST NEWS FOR Santam Ltd.  

Santam is a multinational general insurance group that writes insurance business in South African and Namibia and has investments and clients in a further 31 countries. It is the leading general insurer in South Africa with a market share of more tha... [more info]

Old Mutual Insure the latest loser in Covid-19 claims battle

26 Nov 2020 /  Suren Naidoo   6
Luggage retailer Interfax wins business interruption insurance case in Western Cape High Court.

Santam fails to get Guardrisk’s Café Chameleon appeal postponed

UPDATE
24 Nov 2020 /  Suren Naidoo   7
Judgment reserved in landmark business interruption insurance case, but decision expected before year end.

Santam to appeal Covid-19 ruling

UPDATE
20 Nov 2020 /  Emma Rumney, Reuters   8
Court found the insurer liable to pay a client's business interruption claim.

Ma-Afrika wins court battle against insurance giant Santam

UPDATE
18 Nov 2020 /  Suren Naidoo   16
Another blow to short-term insurers trying to wriggle out of honouring Covid-19 business interruption claims.

Café Chameleon wants business interruption insurance case concluded

3 Nov 2020 /  Suren Naidoo   10
Short-term insurers and their clients eagerly await the Supreme Court of Appeal judgment in the case involving Guardrisk.

Insurance: The devil really is in the detail

17 Sep 2020 /  Adriaan Kruger   5
Insurers may be in the wrong in rejecting some claims, but more often than not it's the policyholder who got something wrong.

Sanlam raises R7.7bn in impairments

11 Sep 2020 /  Adriaan Kruger   4
Solid operational results marred by unusual costs and impairments.

Sanlam diluted HEPS up 10% despite tough operating environment

10 Sep 2020 /  Nompu Siziba   
Paul Hanratty – CEO, Sanlam

Jury still out on business interruption claims

4 Sep 2020 /  Adriaan Kruger   3
Santam says it is liable to pay R250m but has set aside R1.3bn.

Santam se wins val met 33%

3 Sep 2020 /  Moneyweb  
Lizé Lambrechts – uitvoerende hoof, Santam

High stakes in Santam vs Ma-Afrika Hotels court battle

2 Sep 2020 /  Suren Naidoo   3
Case linked to Covid-19 economic fallout could be precedent-setting.

Santam has now paid out R506m in business interruption claims

13 Aug 2020 /  Suren Naidoo   5
After originally dragging its feet on Covid-19 pandemic-related pay outs.

FSCA working to clarify companies’ rights in pandemic insurance claims

6 Aug 2020 /  Emma Rumney, Reuters  
Test case in the pipeline.

Business interruption claims to cost Old Mutual over R650m

30 Jul 2020 /  Suren Naidoo   10
Group makes 'settlement’ offer in the wake of financial regulators reaching a landmark agreement with insurers to assist virus-hit small businesses

Santam to pay R1bn on business interruption insurance claims

27 Jul 2020 /  Nompu Siziba  
Hennie Nel – CFO, Santam

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